That would be good if miner was free  You have to take cost of the miner and how much it could produce in certain time frame, add electricity costs to that, and then you'll get mining profitability. I seriously can't understand why anyone beside some huge entity that could get a good mining hardware deal or produce it's own, would buy a miner now. |
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we had some news that EUR is going to be inflating, and the run up it caused in BTC has been Completely negated ASAP (24hours)
this is really shitty. who's this bear and why doesn't he seem to care about the price he gets.
Nothing was negated tbh, there was no huge dump or even big one. People backed off as soon as few hundred coins were sold. People are just scared as they got owned several times in last few weeks. The only way this could rise is if some big boys decide to screw shorters. That would be nice, but at this point, what your saying seems like wishful thinking or maybe just the creation of a bull trap... ? I don't have idea what to think tbh  , I was surely expecting another attempt from this level after very strong start yesterday- |
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we had some news that EUR is going to be inflating, and the run up it caused in BTC has been Completely negated ASAP (24hours)
this is really shitty. who's this bear and why doesn't he seem to care about the price he gets.
Nothing was negated tbh, there was no huge dump or even big one. People backed off as soon as few hundred coins were sold. People are just scared as they got owned several times in last few weeks. The only way this could rise is if some big boys decide to screw shorters. |
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This doesn't look good definitely. Strong start of the rally, blocked very soon, then the weakest attempt to do it again, slight drop and not even try to do it again. There's just no confidence and money to push this left anymore, people got owned several times in last 3 months and everyone is scared.
Yes, maybe true, but I think sellers are exhausted also. Also the longer this bottom is in, the more confidence will build that the only way is up. There's no volume on either side, yes. But you'd think the mini rally from yesterday, specially as it started very strong would cause some bounce after 15$ retrace. |
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This doesn't look good definitely. Strong start of the rally, blocked very soon, then the weakest attempt to do it again, slight drop and not even try to do it again. There's just no confidence and money to push this left anymore, people got owned several times in last 3 months and everyone is scared.
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I'll never own iphone so that meany nothing to me.
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we had that one few months ago, and price dropped 200$ after it stopped operating.
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Had a lot of hope and Bitcoins ready for IPO back in April.
Just like Ripple, you guys lost huge advantage by slowing development. Ripple had almost everything on the plate and you had first concept of 2.0 cryptocurrency but both let others doing it before.
Gonna be much harder now.
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There are barely any anti-bitcoin and permabear people here. Jorge only that I know.
Others are just trolls who are trolling to help their short position or to buy low.
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Hm, I am seriously thinking to move all my BTC to LTC right now. It just smells the bottom. We tested lows twice and bounced very aggressively.
OKCoin LTC volume is highest ever on any exchange, it's bigger than on btc-e during launch of last huge bubble. Much bigger. And it's 5-8 times bigger than OKCoin LTC volume during that phase.
BTCe volume is not as big though but BTC-e had much bigger share of LTC market back then.
I'm tempted, very tempted.
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Priced in or not, there is going to be half of daily supply than before.
As long as other fundamentals are similar, that has to lead to price rise sooner or later. It's only the question where the price will be at that point. Maybe we will be at 100$ and halving to cause us go to 200.
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H&S rarely work in Bitcoin, not sure we should put lot of faith in inverted ones to work.
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Of course it has effects, sooner or later.
When you have daily supply to dump on exchanges cut in half, it can't do no wrong to the price on them.
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Today is one of the lowest, if not lowest volume I've seen since I bought my first bitcoins.
Less than 10k across Huobi, Stamp, Finex and BTC-e in last 6 hours.
Saturdays ar mostly slow and low volume. Anyhow stamp has 8k+ 24h volume which is not so low, weeks ago there were days with 1-2k volume. Not sure about Chinese exchanges. Important part is that we went down like 20$ on that volume. If we were flat that wouldn't be strange. |
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Today is one of the lowest, if not lowest volume I've seen since I bought my first bitcoins.
Less than 10k across Huobi, Stamp, Finex and BTC-e in last 6 hours.
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This fall was on extremely low volume, there might be another leg up to come. We went down 30$ with barely 10k volume on Stamp. Last 4 hours are probably the lowest volume since I came to Bitcoin world. Less than 500 coins traded in 4 hours on western exchanges.
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Would be funny if that crash few days ago was huge bear tramp. And would be not funny if that happens, to recall the fact I was margin called for 453$ buy.
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I'll be honest, I never felt more fear than today. I screwed most of my awesome net worth from March and looking it bleeding even more is frightening. I laughed all crashes before, even when I had nothing almost, but this time is diferrent as those old numbers are making me going through the mare, I was just one little step from dreams and now it looks far away  Hopefully, that means time for reversal  If you didn't lose coins I wouldn't worry a lot long term... if you did, this is problem x 2. Hm, yes and no. I took some losses, cashed out some but most are locked in bad alts/fees investment. I had 500 BTC at one point, I have 70 BTC available now, and probably 300+ locked in losing trades. Very losing trades, may I add So all, in all, I could collect maybe 150 btc max now, and not fast as I could crash some stuff to oblivion if I'd cash out :p. But honestly, there is only one investment that is bothering me. That was like 140 btc and now is at 30 max. I was cool with others going down, and kinda expected it after some time, but this one wasn't suppose to happen and I am angry on myself that I failed to went out on time when it did. I seriously couldn't care about bitcoin price if I had those 140 btc now, I'd be pretty fine with 200+ available btc. Yeah, I might be good in long term, it's the time between I am worried about, lol There's potential profits in a large number of alts... but they seem to be too uncertain in a lot of respects... accordingly, maybe as a rule, keeping more than 80% in BTC is a better practice. Currently, I have nearly 98% of my crypto investment in BTC. Every single Alt has lost waaaay more than BTC... but I have NOT been as active in the alt scene to figure out ways to DCA and/or to cut my loose. I'm not trading these new ones, tbh. All my alts are ones I was familiar with and knew their trading ranges. They broke down heavily though but I haven't bought them nowhere near their tops so if they ever retrace I should be good. |
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